LSV Asset Management Has $1.78 Million Stake in Taiwan Semiconductor Mfg. Co. Ltd. (TSM)

LSV Asset Management lowered its stake in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 28.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 44,800 shares of the semiconductor company’s stock after selling 17,500 shares during the quarter. LSV Asset Management’s holdings in Taiwan Semiconductor Mfg. were worth $1,776,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Oaktree Capital Management LP grew its stake in Taiwan Semiconductor Mfg. by 5.5% in the 3rd quarter. Oaktree Capital Management LP now owns 4,047,500 shares of the semiconductor company’s stock valued at $151,984,000 after acquiring an additional 212,375 shares during the period. CAPROCK Group Inc. grew its stake in Taiwan Semiconductor Mfg. by 9.1% in the 3rd quarter. CAPROCK Group Inc. now owns 36,028 shares of the semiconductor company’s stock valued at $1,353,000 after acquiring an additional 3,006 shares during the period. Quantum Capital Management acquired a new stake in Taiwan Semiconductor Mfg. in the 3rd quarter valued at $203,000. Glovista Investments LLC acquired a new stake in Taiwan Semiconductor Mfg. in the 3rd quarter valued at $1,314,000. Finally, South Dakota Investment Council grew its stake in Taiwan Semiconductor Mfg. by 7.0% in the 3rd quarter. South Dakota Investment Council now owns 38,300 shares of the semiconductor company’s stock valued at $1,438,000 after acquiring an additional 2,500 shares during the period. 19.48% of the stock is currently owned by hedge funds and other institutional investors.

Taiwan Semiconductor Mfg. Co. Ltd. (TSM) opened at $43.05 on Thursday. The company has a quick ratio of 2.11, a current ratio of 2.36 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $212,520.00, a price-to-earnings ratio of 18.96, a price-to-earnings-growth ratio of 1.14 and a beta of 0.85. Taiwan Semiconductor Mfg. Co. Ltd. has a fifty-two week low of $30.54 and a fifty-two week high of $46.57.

Taiwan Semiconductor Mfg. (NYSE:TSM) last announced its quarterly earnings data on Thursday, January 18th. The semiconductor company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.01. The company had revenue of $9.21 billion for the quarter, compared to analyst estimates of $9.15 billion. Taiwan Semiconductor Mfg. had a return on equity of 24.18% and a net margin of 35.08%. equities research analysts forecast that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.48 earnings per share for the current fiscal year.

TSM has been the topic of a number of research analyst reports. ValuEngine raised shares of Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Goldman Sachs Group raised shares of Taiwan Semiconductor Mfg. from a “neutral” rating to a “buy” rating in a research note on Monday, January 22nd. HSBC raised shares of Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a research note on Tuesday, January 16th. Zacks Investment Research raised shares of Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating and set a $48.00 price target on the stock in a research note on Thursday, January 11th. Finally, Morgan Stanley cut shares of Taiwan Semiconductor Mfg. from an “overweight” rating to an “equal weight” rating in a research note on Monday, November 27th. Eight research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $39.00.

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Taiwan Semiconductor Mfg. Profile

Taiwan Semiconductor Manufacturing Company Limited (TSMC) is a semiconductor foundry. The Company is engaged in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits and other semiconductor devices and the manufacturing of masks. It operates through foundry segment.

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Institutional Ownership by Quarter for Taiwan Semiconductor Mfg. (NYSE:TSM)

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